Short Interest in Keen Vision Acquisition Co. (NASDAQ:KVAC) Rises By 33.3%

Keen Vision Acquisition Co. (NASDAQ:KVAC - Get Free Report) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,200 shares, an increase of 33.3% from the March 31st total of 900 shares. Based on an average daily trading volume, of 12,400 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's shares are sold short.

Keen Vision Acquisition Stock Down 0.7 %

Shares of NASDAQ KVAC traded down $0.08 during midday trading on Friday, reaching $11.24. The stock had a trading volume of 1,775 shares, compared to its average volume of 74,184. Keen Vision Acquisition has a twelve month low of $10.47 and a twelve month high of $11.32. The company's 50 day moving average price is $11.22 and its 200 day moving average price is $11.05.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Toronto Dominion Bank purchased a new position in Keen Vision Acquisition during the fourth quarter worth about $304,000. Spartan Fund Management Inc. bought a new position in shares of Keen Vision Acquisition during the 4th quarter valued at approximately $779,000. Finally, Yakira Capital Management Inc. bought a new stake in shares of Keen Vision Acquisition in the 4th quarter worth approximately $2,556,000. Institutional investors own 51.72% of the company's stock.

Keen Vision Acquisition Company Profile

Keen Vision Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, and related business combination with one or more businesses or entities. It also intends to focus on businesses in the biotechnology, consumer goods, and agriculture sectors.

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